Decisions loom on correspondent banking

One impact of the current economic and regulatory environment is that correspondent banking – the provision of services to other banks to enable them to service their own clients – is facing a shake-up.

Foreign banks fight on in US DCM

Competition in US debt capital markets remains fierce despite pressure on European banks to retrench from capital-intensive business lines.

Transaction banks: The chicken or the reg?

What comes first for transaction banks? Their financial institutions clients want them to help meet new challenges – especially around regulation and depressed earnings – through innovating new products.

Mongolia banks on mining project

With fresh signs of political and legislative progress, there is a renewed sense of optimism around the country after more than a year of political posturing that cast a pall over the nation and put the brakes on foreign direct investment that sent asset prices tumbling.